BKMS vs. BKMC
BKMS (BNY Mellon Municipal Short Duration ETF) and BKMC (BNY Mellon US Mid Cap Core Equity ETF) are both exchange-traded funds - BKMS is a Municipal Bonds fund actively managed by BNY Mellon, while BKMC is a Mid Cap Growth Equities fund tracking the Morningstar US Mid Cap Index. BKMS is actively managed, while BKMC is passively managed. At a 0.16 correlation, their price movements are largely independent. BKMS charges 0.35%/yr vs 0.04%/yr for BKMC.
Performance
BKMS vs. BKMC - Performance Comparison
Loading charts...
Returns By Period
BKMS
- 1D
- 0.02%
- 1M
- 0.06%
- 6M
- 0.77%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BKMC
- 1D
- 0.02%
- 1M
- -0.84%
- 6M
- 5.52%
- YTD
- 11.85%
- 1Y
- 19.27%
- 3Y*
- 13.66%
- 5Y*
- 8.32%
- 10Y*
- —
BKMS vs. BKMC - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BKMS BNY Mellon Municipal Short Duration ETF | 0.81% |
BKMC BNY Mellon US Mid Cap Core Equity ETF | 6.07% |
Correlation
The correlation between BKMS and BKMC is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 12, 2026 | 0.16 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BKMS vs. BKMC — Risk / Return Rank
BKMS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BKMC
BKMS vs. BKMC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Municipal Short Duration ETF (BKMS) and BNY Mellon US Mid Cap Core Equity ETF (BKMC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BKMS | BKMC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.97 | — |
| Martin ratioReturn relative to average drawdown | — | 7.50 | — |
Loading charts...
Drawdowns
BKMS vs. BKMC - Drawdown Comparison
The maximum BKMS drawdown since its inception was -0.87%, smaller than the maximum BKMC drawdown of -25.02%. Use the drawdown chart below to compare losses from any high point for BKMS and BKMC.
Loading charts...
Drawdown Indicators
| BKMS | BKMC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.87% | -25.02% | +24.15% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.82% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.68% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.02% | — |
Current DrawdownCurrent decline from peak | -0.12% | -2.12% | +2.00% |
Average DrawdownAverage peak-to-trough decline | -0.24% | -6.45% | +6.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.58% | — |
Volatility
BKMS vs. BKMC - Volatility Comparison
Loading charts...
Volatility by Period
| BKMS | BKMC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.28% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.22% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.25% | 15.41% | -14.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.25% | 18.83% | -17.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.25% | 19.08% | -17.83% |
BKMS vs. BKMC - Expense Ratio Comparison
BKMS has a 0.35% expense ratio, which is higher than BKMC's 0.04% expense ratio.
Dividends
BKMS vs. BKMC - Dividend Comparison
BKMS's dividend yield for the trailing twelve months is around 1.36%, less than BKMC's 1.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BKMC BNY Mellon US Mid Cap Core Equity ETF | 1.42% | 1.35% | 1.54% | 1.38% | 1.63% | 1.15% | 0.86% |
BKMS BNY Mellon Municipal Short Duration ETF | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BKMS and BKMC have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BKMC is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BKMC is cheaper with a 0.04% expense ratio, compared with 0.35% for BKMS.
BKMC has the higher dividend yield at 1.42%, compared with 1.36% for BKMS.
BKMS is categorized as Municipal Bonds, while BKMC is Mid Cap Growth Equities. Their fees differ too: 0.35% for BKMS and 0.04% for BKMC.
Find the right allocation for BKMS and BKMC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer